[Congressional Record Volume 161, Number 19 (Wednesday, February 4, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. WALBERG:H.R. 701.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8.Clause 1: The Congress shall have the Power To lay andcollect Taxes, Duties, Imposts and Excises, to pay the Debtsand provide for the common Defence and general Welfare of theUnited States; but all Duties, Imposts and Excises shall beuniform throughout the United States;Clause 18: To make all Laws which shall be necessary andproper for carrying into Execution the foregoing Powers, andall other Powers vested by this Constitution in theGovernment of the United States, or in any Department orOfficer thereof.[Page H812]]]>2015-02-04Referred to the House Committee on Ways and Means.HouseHelping Families Save for Education ActW00079818557992W000798RTimRep. Walberg, Tim [R-MI-7]MIWalberg72015-02-05T04:56:23ZShort Titles as IntroducedHelping Families Save for Education ActOfficial Title as IntroducedTo amend the Internal Revenue Code of 1986 to expand access to Coverdell education savings accounts.Display TitleHelping Families Save for Education ActHR114MITrueDanielRep. Kildee, Daniel T. [D-MI-5]K000380T.2015-02-042134K000380D5Kildee7011.0.0hswm00StandingReferred to2015-02-04T15:01:15ZHouseWays and Means Committee3House floor actions2IntroReferralReferred to the House Committee on Ways and Means.Ways and Means Committeehswm00H111002015-02-04Library of Congress9IntroReferralIntroduced in HouseIntro-H2015-02-04Library of Congress9IntroReferralIntroduced in House10002015-02-04111TaxationHelping Families Save for Education Act

Amends the Internal Revenue Code, with respect to Coverdell education savings accounts, to: (1) increase the age limit for beneficiaries of such accounts after which contributions may not be made from age 18 to age 22, and (2) increase the maximum contribution limit in any taxable year from $2,000 to $10,000.

]]>2015-03-10T19:47:57Z002015-02-04T05:00:00ZIntroduced in House2015-02-04Introduced in House2015-02-04Higher educationIncome tax exclusionStudent aid and college costsTaxation2018-02-02T19:25:03Ztext/xmlENPursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.Congressional Research Service, Library of CongressThis file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.